Production update, Goudron

Immediate Release 20 November 2012

Leni Gas & Oil PLC

("LGO" or the "Company")

Production Update, Goudron

LGO today announces that the Company has just been advised from Trinidad that production at the Gourdon Field has for the first time since the Company operations commenced in mid-October achieved over 100 bopd. This is the first of the milestones set by LGO when ownership of the field was transferred to the Company.

In the 24 hours up to noon the field produced 109 bopd. Several wells that have been reactivated in the last few weeks are still cleaning up with high water cut prior to anticipated sustained oil production and further significant develops will be released to the market as they occur.

David Lenigas, LGO Executive Chairman, commented;

"It is very encouraging that we have reached this milestone earlier in November than we had anticipated and we look forward to announcing further results in due course. A second rig is expected to be mobilised to the field which will allow us to accelerate the process of working over all the existing wells."

Competent Person's Statement:

The information contained in this announcement has been reviewed and approved by Neil Ritson, Chief Executive Officer and Director for Leni Gas and Oil plc who has over 35 years of relevant experience in the oil industry. Mr. Ritson is a member of the Society of Petroleum Engineers, an Active Member of the American Association of Petroleum Geologists and is a Fellow of the Geological Society of London.

Enquiries:

Leni Gas & Oil plc

Beaumont Cornish Limited

Old Park Lane Capital Plc

Shore Capital

Joint Broker +44 (0) 20 7408 4090

Pascal Keane

Jerry Keen (Corporate Broking)

Pelham Bell Pottinger

Glossary

bopd - barrels oil per day